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We are delighted to launch this brand-new investment opportunity in Yorkshire's Economic Powerhouse, Leeds. Sherburn Gardens is a brand-new conversion, exclusively listed by CityRise. Only 6 premium apartments remain, and each boast spacious layouts, top-of-the-range finishes, and exceptional yields.
Several pre-launch reservations have already been taken, we urge you to register your interest now to avoid missing out!
Sherburn Gardens achieves a NET yield of 7%. The development is tenanted, which means that you will generate rental income immediately. In addition, the development has a brand new 999-year lease, with no ground rent to pay, making it a low-maintenance and stress-free investment.
The development is also mortgageable, making it accessible to a wide range of investors. Furthermore, the energy-efficient specification of Sherburn Gardens, with an EPC rating of B, will result in lower energy bills for tenants and lower maintenance costs for investors.
It is conveniently located close to Leeds city centre, with on-site parking for residents. This makes it a popular choice for renters, further enhancing the investment potential of the development.
Leeds, 9.2% Annual Property Price Growth
Leeds is known for its high employment rates, two universities, luxury retail units and top-class amenities. With plenty to experience, Leeds encompasses the best of what the North has to offer.
If you are an investor looking to benefit from strong capital growth, Leeds is the place to invest! Property prices in Leeds grow at some of the fastest rates in the UK, with a 9.2% increase year on year according to Zoopla.
East Leeds Orbital Route
What sets Sherburn Gardens apart from other investments is its prime location. Leeds is a magnet for property investors due to its strong rental demand, ensuring excellent returns for years to come. This new conversion sits 5 minutes away from Crossgates Train Station, the perfect location for working professionals.
The East Leeds Orbital Route project is the largest infrastructure project undertaken by Leeds. It is an integral part of the East Leeds Extension. This project is part of a strategic growth plan for Leeds. The new route will ease congestion in residential areas across Cross Gates, Seacroft and areas around Sherburn Gardens.
Sherburn Gardens is within a 6 minute drive to the ELOR. Therefore, the development will not be short of tenant demand.
Securing a mortgage is a huge financial commitment. Whether you are saving for your first investment or financial planning for your next, it is crucial that you calculate correctly. Use our mortgage calculator to help to determine what your monthly repayments will be. This way you can ensure that the rent earnt covers the repayments on your buy to let property.
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Use this calculator to determine the Stamp Duty Land Tax (SDLT) on your property investment. Stamp Duty is a tax paid by the buyer of a UK residential property. The stamp duty rate ranges from 2% to 12% of the purchase price. However, it can change based upon the value of the property, the purchase date, and whether you are a first-time buyer or not. Also, a 2% surcharge is added to each of these rates for buyers who are non-UK residents.
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Discover whether a property is worth investing in. Use our Rental Yield Calculator to work out the rental yields on your investment.
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Invest in Leeds
Invest in a city with low vacancy rates and high rental demand – the perfect combination for a consistent rental income stream. Discover why Leeds is the place to invest in our Leeds Property Investment Guide.Take a look